Turkmen-UAE gas cooperation discussed in Dubai
18:33 05.02.2026 2746
On February 3, Turkmenistan's Foreign Minister Rashid Meredov met with Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of the United Arab Emirates and CEO of the Abu Dhabi National Oil Company (ADNOC), in Dubai, the Turkmen Foreign Ministry reported.
During the meeting, the constructive nature of cooperation between Turkmenistan and the UAE in the gas sector was noted.
The parties reviewed the progress of ongoing projects and discussed potential areas of cooperation.
At the meeting, an agreement was reached to further develop and strengthen cooperation through regular meetings and consultations between representatives of the two countries to ensure consistent interaction in priority areas, the Foreign Ministry noted.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
The President of Turkmenistan dismissed the Deputy Chairman of the State Concern «Turkmennebit»
By the Decree of the President of Turkmenistan, Mammedov Toygeldi Bayrammyradovich was dismissed from the post of Deputy Chairman of the State Concern «Turkmennebit» as he failed to cope with the duties assigned to him.
Transactions for the export of LNG and jet fuel were entered at exchange trading
On Monday, August 22, 12 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $5.4 million, the ORIENT news agency reported.